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Under its executive stock option plan, National Corporation granted 30 million options on danuary 1, 2024, that permit ekecutives to purchase 30 million of the

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Under its executive stock option plan, National Corporation granted 30 million options on danuary 1, 2024, that permit ekecutives to purchase 30 million of the company's $1 par common shares within the next six years, but not before December 31 , 2026 (hhe vesting date). The exercise price is the market price of the shares on the date of grant. 325 per share. The fair value of the oplions, estimuted by an appropriate option pricing model, is $2 per option. Suppose that unexpected luathover diating 2025 caised the forfectire of 5 . of the stock options Compute the amount of compensation expense for 2025 and 2026. Note: Enter your onswers in millions rounded to 2 decimol pleces (i.e., 5,500,000 should be entered as 5.50 ) Answer is complete but not entirely correct

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